Intel Buys Self-Drive Outfit

Chipmaker Intel has snapped up computer vision company Itseez in a bid to push further into the Internet of Things (IoT). Doug Davis, senior veep of the IoT Group at Intel, announced the deal in a blog post, saying that it will help Intel to fuel the creation of deep learning applications for self-driving vehicles and digital security. “Itseez will become a key ingredient for Intel’s IoT Group roadmap, and will help Intel’s customers create innovative deep-learning-based computer vision applications like autonomous driving, digital security and surveillance, and industrial inspection,” he said. “Computer vision includes methods for acquiring, processing, analysing and understanding images from the real world to make informed decisions and automate actions.”